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(a) Briefly describe the major principle of Békésy's place theory of hearing.
(b) Describe two types of evidence that support Békésy's theory.
Explicit Costs
Direct, out-of-pocket payments for goods or services necessary for conducting business.
Items
Individual objects or units, especially those included in a list or collection.
Economic Profits
The difference between total revenue and the total costs (both explicit and implicit costs) of a company, indicating the surplus generated from business activities.
Savings Account
An account for holding deposits at a bank or another financial entity, ensuring the safety of the principal amount while offering a slight interest rate.
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